KIEV, Oct. 8 – The renovation of Kiev's Zhuliany international airport will be completed by the end of 2008, said first deputy Kiev mayor Denis Bass.

"Kiev international airport communal enterprise will receive a UAH164 million loan. The assets will make it possible to renovate it and turn into an airport of international importance. The enterprise will easily pay back the debt to creditors, since after the renovation, passenger traffic will grow by at least three times, so the profitability of the enterprise will rise," Bass said.